The President Gustav Petro In the middle of his visit in France, he spoke about the trend of the dollar in recent days. Punctually, down.
(Read: Petro’s messages that have generated nervousness in the markets).
According to the Bank of the Republic the TRM for this November 11 is 4,806.07 pesos. A fact that breaks with the historical maximums registered in the previous weeks in which the dollar had a price of 5,000 pesos.
The head of state stated that the currency is going down after the mid-term elections that took place in the United Statesyes “Any sneeze in the world can produce a rise or fall because the world economic system is currently highly unstable and sick.Petro assured.
Likewise, he responded to those who blame him for the rise in the price of the foreign currency. “All these people who encrypt the rise or fall according to what Petro says or does not say, are wrong“, affirmed the president.
(Also: Mood to invest and uncertainty: business view on Petro).
His remarks came after his agenda in Paris. There, one of the events was a bilateral meeting with the President of France, Emmanuel Macron. In the almost two-hour meeting, they talked about agrarian reform, the energy transition, peace and the situation in Venezuela, since both Colombia and France are playing a role as mediators so that the dialogue between the government of Nicolás Maduro and the opposition ahead of the upcoming elections.
It should be remembered that on March 13, 2020, at the beginning of the pandemic, the dollar reached $4,000. Fears about the closure of the world economy generated strong volatility in the markets.
The On November 3, the dollar officially exceeded $5,000.
(Keep reading: The dollar in Colombia already had its third biggest price drop this year).
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